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Dubai Islamic Bank Rings Market-Opening Bell To Celebrate Listing USD 750 Million Sukuk On Nasdaq Dubai
Dubai Islamic Bank (DIB), the largest Islamic Bank in the UAE, rang the market-opening bell today to celebrate the listing of a 750 million US dollar Sukuk on Nasdaq Dubai.

Emirates NBD Private Banking Introduces The LaunchPad To Connect Start-Ups With Investors
The Private Banking arm of Emirates NBD, a leading bank in the region, recently introduced The LaunchPad, a homegrown concept that identifies the region’s brightest start-up ideas and connects them with world-class angel and early-stage investors.

Xtraordinary Weekend: XYoga Dubai, Presented By Dubai Holding, Welcomes Over 17,600 Yogis
Yogis were out in force this weekend for the third edition of the XYoga Dubai festival, presented by Dubai Holding. Over 17,600 yogis took to Kite Beach for a weekend of inspiration, invigoration, community and calm, taking in over 63 complimentary and inclusive yoga classes, meditations, talks.

New Bus Route Between Dubai Mall Metro Station And Dubai Sky Courts
Roads and Transport Authority (RTA) introduces on Thursday (Feb 7th,2019) a new bus route (Route 30) to serve passengers commuting between Dubai Mall Metro Station and Dubai Sky Courts district.

Emirates Islamic Wins ’Human Resources Development’ Award From Emirates Institute For Banking And Financial Studies
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, and the preferred bank for UAE nationals, has been named the recipient of the ’Human Resources Development’ award in the banking and financial sector by Emirates Institute for Banking and Financial Studies (EIBFS).

DP World Handles 71 Million TEU and Reports 2.9% Volume Growth in 2018
DP World handled 71.4 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the full year of 2018, with gross container volumes growing by 1.9% year-on-year on a reported basis and 2.9% on a like-for-like basis

Syrian National Wins US$1 Million In Series 293 Of Dubai Duty Free Millennium Millionaire Promotion
Mr. Kathel, an Indian national based in Sharjah and working as cabin crew for Air Arabia, bought his first ever ticket in Series 292 from The Craft Shop at The Irish Village.

Federal Tax Authority: Donations, Grants and Sponsorships Exempt from VAT Only When Donor, Grantor or Sponsor Has Not Received Benefits in Return
The Federal Tax Authority (FTA) has outlined the principles that must be applied to ascertain the taxability of donations, grants, and sponsorships, noting that if the donor, grantor, or sponsor has received any benefit in return for such payments

Emirates NBD UAE PMI
Today sees the release of January data from the Emirates NBD Purchasing Managers’ Index (PMI) for the UAE. The survey, compiled by IHS Markit, contains original data collected from a monthly survey of business conditions in the UAE non-oil private sector.

DLD launches its real estate promotion plan
Dubai Land Department (DLD) launched its real estate promotion plan for the Real Estate Investment Promotion Investment Management Sector during a press conference held today in the presence of HE Sultan Butti bin Mejren, Director General of DLD.

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